Oil Outlook 2013: Global Economic Uncertainties to Drive Price Volatility

By International Business Times,  January 05, 2013, 06:38:00 AM EDT

Workers adjusting the valves of oil pipes at West Qurna oilfield in Iraq.

Workers adjusting the valves of oil pipes at West Qurna oilfield in Iraq.

Equity markets around the world ended 2012 with strong annual gains extending cheers to the New Year with moderate gains. But the upbeat note failed to reach the oil market as geopolitical tensions and recession concerns added to price volatility.  

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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